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Beedie School of Business News

How SFU Business fared in the news for the week ending March 26, 2010.

National & World News

  • A National Post story on corporate social responsibility quoted John Peloza of SFU Business: “’The bottom line for why companies should do it is because it makes financial sense,’” Prof. Peloza says, noting there is a small positive correlation between corporate responsibility and profits. For this to work, he says the company needs to strike a balance between corporate responsibility and the drive for profits.”

Daniel Shapiro, Dean of the Faculty of Business Administration at Simon Fraser University, was part of a United Nations-assembled global collective of academics and policymakers intent on setting a revitalized agenda for research and policy in the realm of foreign investment last week.

The first UNCTAD Symposium on International Investment for Development, held in Geneva from March 15 to 16, has been established at a time when global capital flows and their relationship to economic development are receiving unprecedented attention. The overarching theme of the 2010 Symposium was “Setting the Agenda for Policy-orientated Research”.

The invitation-only forum discussed a wide-range of topics, including foreign direct investment (FDI), the role of institutions within developing countries that attract sustainable development, and the role of international investment in areas such as agriculture, climate change, and poverty reduction.

“There have been large changes in the external environment from the economic emergence of China and India, to climate change, to the global financial crisis,” said Shapiro, who has an extensive research background in the area of foreign direct investment and FDI flows. “This changes our understanding of how foreign investment contributes to development.”

Another emerging theme within the realm of foreign investment is that of social innovation and social entrepreneurship – with some companies engaging in business activities abroad tthat are both sustainable and help development in emerging markets.

The United Nations Conference on Trade and Development, which hosted the symposium, is the principal arm of the United Nations General Assembly dealing with trade, investment, and development issues. UNCTAD and the academic community have had a long history of working together on research and publications.

It annually publishes the World Investment Report, the highlights of which can be viewed online at http://www.unctad.org/WIR


Students from SFU Business’s Management of Technology MBA program showcased an impressive and progressive range of community-focused, technology-grounded products this week – from sustainable transportation programs to emergency response tools, and from portable power devices to sports and health software applications. The presentations were part of the MOT 774 business course, which requires students to take business ideas from inception to market introduction.

The products presented included:

Quake Aware: An earthquake-preparedness website and iPhone application developed by Richmond students who are cognizant of the earthquake disaster risks facing their community, which sits at or under sea level. The students were inspired by the story of a Wired magazine technology journalist, who freed himself from under the rubble of the recent Haiti earthquake by using his iPhone.

SEED: A device that provides portable power for electronic products. The company’s rechargeable batteries are bundled with a charging device to deliver a low-cost portable power product to consumers. Because the company’s batteries are manufactured in-house through an offshore supplier, SEED is able to compete with larger firms in this space by providing a low-cost solution.

fitnessfreak: A website for busy professionals who are looking for location information and commentary about fitness activities in their vicinity . The site enables users to find and join active communities to keep themselves motivated and up-to-date with the trendiest sports venues in town.

FreeVoice: A Surrey-based concept that aims to help people who cannot afford a telephone to still be able to have a phone number for the purpose of job searches. The firm specifically wants to address unemployment in their home community of Surrey.

ONTeam: A tool to help the parent/coach in preparing youth sports team rosters and player lists. The electronic application is easy to use and allows for efficient organization and management of Tri-Cities sporting events.

De-stress: A discount workout package at Steve Nash Sports Club, offering special features to the SFU graduate business student.

SmallwURLd: Inspired by Web 2.0, social media and online gaming, the organic sites strives to give to communities a snapshot of “what’s cool.” The website underscores the notion that individuals within a community have more in common than they think.

UBike (UniverCity Bike Share program): The SFU bike sharing program would serve the 2,500 residents who live at Simon Fraser University’s main campus on Burnaby Mountain. It aims to promote health and active living, and would leverage the many greenways, paths and cycleways on the university campus.

IT Planning: An IT consulting service that provides advice to not-for-profits in the North Shore region of Metro Vancouver – including Harvest House, a homeless shelter situated in North Vancouver. The firm’s specialized IT assessment tool enables an organization to identify and quantify its technology and telephony needs.

MOT Networking by Design: A team focused on delivering networking opportunities to business students in the SFU Business MOT MBA program – particularly through panelists and speakers from leading Metro Vancouver technology-focused companies, as well as start-ups and entrepreneurs.


How SFU Business fared in the news for the week ending March 19, 2010.

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For Matt Hallat, chasing a dream is all downhill now.

Hallat, a member of the 2010 Canadian Para-Alpine ski team, has spent four years on the slopes gearing up for a big week of competition at this month’s Paralympic games at Whistler.

The Squamish resident took a hiatus from his SFU Business studies to focus solely on training. He hopes to resume his classes in the fall with some hardware around his neck or a personal best time tucked into the record books.

“Here we go,” says Hallat, who got his first taste of Paralympic competition in Torino, Italy in 2006.

“This is the opportunity of a lifetime—to ski in one of the biggest sporting events in the world, in front of my family and friends, with the support of my home country, on the ski hill I grew up on, across the street from where I live. It’s been my goal since I was a young child.”

Hallat has had a successful year, riding high on two seventh-place world cup finishes—one in Whistler, another in La Molina, Spain. The reigning Canadian National Slalom champion, Hallat is brimming with confidence.

“I’ve always been passionate about sports,” says Hallat, who lost his right leg at the age of six to a form of cancer known as Ewings Sarcoma.

He quickly adapted to a prosthetic and grew up playing a variety of sports. But everything changed when he stepped into a ski.

“It’s a different world when I’m on the ski hill,” he says. “When I do the normal tasks of the day I am a disabled person. But when I step into a ski, I can ski with anyone.”

At age 14, Hallat made the national development team and decided that skiing would be his life. He enrolled in business at SFU to explore, among other things, the marketing side of sport.

For now, it’s the race that matters. “Training through January (at B.C. ‘s Panorama ski hill) gave me some good momentum,” says Hallat, who still hopes to shave a little time off his fastest speed.

He will compete in several races: the downhill (March 13), the super G (March 14), the super combined (March 16), the giant slalom (March 18) and the slalom (March 20).


How SFU Business fared in the news for the week ending March 12, 2010.

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How SFU Business fared in the news for the week ending March 5, 2010.

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The following article was written by SFU Business alumnus and supporter Dennis Culver, who passed away on February 10, 2010. We republish it here because it speaks to his love of writing and detail, and his special relationship with SFU Business. It also tells a unique and worthwhile story about Canada’s first EMBA program.


SFU Beginnings
by Dennis Culver

In 1967, Eleanor and I made our second trans-continental journey from our North Vancouver residence to Halifax and back together with our nine young children. Aside from once again visiting her large Nova Scotian family, we also spent one week on our return journey visiting the Expo 67 World’s Fair in Montreal.

Arriving home in the autumn of 1967 I found a small green brochure in our enormous bundle of accumulated mail. This little folder mentioned that Simon Fraser University, then a mere three years old and suffering the inevitable plethora of growing pains, was proposing to initiate an Executive MBA Program to start in the following year. My own university career had been interrupted after a single year at UBC in 1940 when I was diverted for a one-year stint to Peat, Marwick, Mitchell to start training as a CA before that was cut short by my stint in the Canadian army and my overseas experience in World War II.

Accordingly, when I read this little green brochure in 1967, I felt a strong element of excitement because the brochure mentioned in one paragraph that the university was prepared to consider admitting a small percentage of its MBA candidates who had not completed a Baccalaureate Degree at a university, but who were deemed to have substantial experience and were capable of achieving a high mark on the GMAT.

Having been excited by those words, I then took the more sober-sided view that here I was, a well established professional approaching middle age and substantially out of touch with the academic world. Could I find time and energy for SFU while running a busy accounting practice, continuing community and Institute activities, and, most importantly, helping to lead an eleven person family. I said to myself, “What if you apply and take the GMAT but fail to gain admission? Is your ego tough enough to sustain that kind of slap in the face at your present age and stage?”

So instead I set the brochure aside and went on with the business of earning a living for our nine young children and my wife Eleanor until early January of 1968 when there arrived in my mail a further copy of exactly the same brochure. Once again I read it from beginning to end and felt the same surge of excitement. This time, however, I said to myself, “It may be a severe blow to be rejected, but what the heck, let them make the decision.” So I got letters of recommendation from my one and only partner and a client who himself had a Ph.D. in economics, having been the youngest such graduate from a distinguished American university, and sent these off with my $15.00 fee and application form.

There was complete and utter silence from Simon Fraser University for about two long months, during which I engaged myself with the customarily frantic activity of the spring income tax season.

On a Friday afternoon in March 1968 the telephone rang at about 3:00pm with this message, “Mr. Culver, this is Simon Fraser University calling. Can you come out to the campus at 8 o’clock tomorrow morning?” My response was that I already had made arrangements to take my family on a short trip, but that if it indicated that my application was being looked on with preliminary approbation, I could make other arrangements. The lady on the other end said that this was to write the GMAT and that indeed I had passed the preliminary screening process.

So I cancelled the family trip and arrived out there at eight in the morning where I was herded into a huge lecture hall with a large number of other prospective candidates and subjected to the GMAT test. This went on for some four hours in a succession of multiple choice questions with strictly timed responses and a charming but dictatorial female professor cracking the whip on every phase of the process. Between each successive test there was the briefest of interludes in which papers were gathered up, new ones issued, and terse instructions delivered before the time clock was re-started. I crawled out of there metaphorically on my hands and knees and went back home to my family.

Subsequently, other members of our family have taken the GMAT and I have observed them running around the house with a book of sample questions with which they would practice their proficiency for a month or two before taking the test. My introduction to the GMAT was more like jumping out of an airplane without a parachute.

After this experience there was once again total silence for six or eight weeks until at 3pm on a Friday afternoon the telephone rang with the same female voice on the other end asking if I could come out to the campus at nine o’clock the following morning. Once again I would have to jettison my family plans for the weekend, so I said to her, “Can I assume that this means you are prepared to accept my application and that I passed the GMAT hurdle?” “Oh yes,” she said, “You got the highest mark!” So much for worrying about the impact of rejection on my tender ego! I think it took at least two months before I was able to get my feet back on the floor.

Here I was forty-five years old with a busy and active family and an equally busy and active professional practice, having been a quarter of a century away from formal academic training, being granted access to a university. In those days entry to such higher education was only by a most formal and time constrained process of moving through the rigidly defined strictures which had been in effect for decades, if not centuries. Later I was to learn that Simon Fraser was the first university in Canada to start such a course, and one of the very earliest on the continent to relax the formal admission process and recognize that when students leave university, or when they bypass university entirely, they are capable of learning a few things that did not come out of the hallowed halls of academe.

Next morning I travelled again to Simon Fraser where our sixty prospective students were assembled. Sixty of us were assembled there to be greeted by Dr. Parcival Copes, then one of the professors in the Faculty of Arts, under which wing there operated a Department of Economics. Parzy Copes welcomed us and said, “Before I tell you anything about this program, I first of all want to boast a little. We started this venture not knowing where it would lead, and we got nine hundred applications. From those nine hundred we have selected you sixty. Fifty of you have completed your formal Baccalaureate or more advanced academic training, and ten of you have not done so but have, in our opinion, achieved an adequate level of formal and informal training, plus receiving the highest ten marks on the GMAT.”

Since that memorable beginning in 1968, I have been proud to be associated with Simon Fraser University over many decades in a number of different capacities, and have had the joy of watching three of my children receive their own degrees from this remarkable university.


Longtime SFU Business alumnus, supporter and friend Dennis Culver passed away on February 7, 2010. His family is holding a public memorial for him at the Segal Room at Simon Fraser University’s Harbour Centre campus in downtown Vancouver on March 26 at 1 pm. Dennis Culver, 1923 – 2010: A Legacy of Devotion to Community and Higher Education DFCcolourIt’s difficult to do justice with words to the unique and enduring legacy that an individual like Dennis Culver leaves at Simon Fraser University’s Faculty of Business Administration. Over the decades, Culver was a trailblazing graduate business student; a committed and engaged alumnus; and a good friend to SFU Business. Born in Okanagan Falls, British Columbia, and raised in Victoria and Vancouver, he created his chartered accountancy practice, Culver & Co. Passionate about the value of higher education, Dennis graduated from the first class of Executive MBAs at Simon Fraser University, where he forged an enduring relationship with the institution. “Since that memorable beginning in 1968,” he wrote, “I have been proud to be associated with Simon Fraser University over many decades in a number of different capacities, and have had the joy of watching three of my children receive their own degrees from this remarkable university.” Over the years, he was a consistent supporter of the school. He was instrumental in the success of the EMBA Alumni Association, and he chaired the committee overseeing the EMBA alumni endowment – a fund he helped establish. The endowment is used to this day for scholarships for EMBA students. It is also used for an EMBA professorship that was created in his name. In recognition of his contributions to the university, SFU also conferred upon him an honorary law degree. Dennis lived his life by the motto that his father taught him: “Always leave your campsite better than when you found it.” It was a philosophy he not only brought to his passion for outdoor adventure and travel, but also to do his work in the business community. SFU Business remembers Dennis for his unwavering commitment, his strong ethics, and his sense of responsibility to the community and the business school. As the first recipient of the Dennis Culver EMBA Alumni Chair, Dean Daniel Shapiro has particularly fond memories of Dennis Culver. “Dennis was a gentleman in the truest sense of the word. It was an honour to share his name, and I have always tried to live up to his standards of excellence and commitment. I am proud that his name will always be associated with SFU Business.” (Editor’s Note: Dennis Culver’s daughter Sue passed along to SFU Business a very compelling article written by Dennis about his earliest experiences at Simon Fraser University. It speaks to his love of writing and detail, and his special relationship with SFU Business. It also tells a unique and worthwhile story about Canada’s first EMBA program.)


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